Why Diversity & Inclusion?

The most innovative companies of the future will understand both the societal and business value of diversity and inclusion in the workplace.

The demographic makeup of the U.S. is undergoing dramatic changes. According to the U.S. Census Bureau population estimates as of July 2015, 50.2% of all births in U.S. are babies in at least one ethnic minority group. By 2045, minorities in the U.S. will become the majority population. Additionally, women make up about 50.8% of the U.S. population, over 57% of these women participate in the workforce.

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If you want your business to survive with a quality workforce suited to meet the demands of your customers — and if you want to expand your customer base then it is an inevitable fact that diversity and inclusion in the workplace will need to change.

This change must start with your leaders, who should not only be supportive advocates for a diverse workplace, but should also reflect the diversity they seek among your staff, as well as the customers that you serve. Today in many companies, this is simply not the case.

Sobering Facts in the U.S. Today

The Impact of Diversity & Inclusion on the Economy

Companies with Gender balance are:

% percent

more likely to financially outperform their national peers.

Companies with Racial & Ethnic balance are:

% percent

more likely to financially outperform their national peers.

The Social Impact of Diversity & Inclusion

While it is proven that diversity and inclusion in the workplace matters financially, what is most important is that it is the right thing to do!

As the global economy continues to grow and society becomes more blended, the need to recognize our differences while realizing that we are all humans who deserve to be treated fairly makes our communities, our cities, our states, our nation, and our world a better place. As a socially responsible company, we strive to help our clients do the same.

Now more than ever, employers will need to rely on a diversified workforce to compete. The strain Covid-19 has put on the global economy is unprecedented. The new "normal" will likely include virtual offices and remote worksites, along with additional safety measures to ensure your team and customers are protected.

The standard 9-5 could be a thing of the past. We are no longer operating business as usual, and extraordinary measures will need to be taken to ensure the leadership and culture of your organization is adapting to the pivots necessary to grow in the future. These workplace structure changes could have a huge impact on women, as they are more likely than men to adjust careers for the family. This pandemic, with the closures of schools, has already reported cost women tens of thousands of dollars in lost wages. We have seen the highest number of cases in our most vulnerable populations, particularly Black and Latino populations, fall victim to the virus when there are solutions that can be leveraged in the workplace. Family dynamics are changing rapidly, and we are a more global society than ever before.

This new, more flexible work culture could create a more equitable environment for underserved and under appreciated populations for the first time in history. Layoffs have been overwhelmingly high. Many middle management positions will be gone forever as organizations look to improve more direct lines of communication with staff and streamline processes.

Digital, automation, and technological advances will become part of everyday business. Those who aren't embracing the big divide will fall short as we move into a social distancing future. Instead of investing in elaborate corporate offices in high-dollar real estate locations, we will see investments in home office allowances, and regional teams meeting in smaller conference style locations. And most importantly, we will see a reinvestment in our human assets—those who represent the places in which we live, and the customers in which we serve.

Being able to embrace the new diverse workforce landscape, and one that can work together on a world wide scale will be key. We are here to help you find the right leaderships and professionals to meet your goals. Contact us today to get the conversation started.

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